Slice
Labs Inc., a leading on-demand insurance cloud platform provider,
announced today the opening of the Slice Launch Studio in downtown
Toronto, which is designed to be an innovation hub for Slice and its
partners to ideate, experiment, test and deploy new on-demand insurance
products on the Slice Insurance Cloud Services (ICS) platform.

Insurers and technology companies from around the world can come to the
Launch Studio to collaborate on Hackathons, a key step in Slice’s
approach to getting product to market quickly. Slice will also host
events year-round, bringing together thought leaders from across the
globe to discuss and address emerging and increasing risks. Slice is
currently working with insurers in the U.S., Canada, UK and SE Asia to
launch new on-demand insurance products, using a minimum viable product
methodology which allows for launch in under three months.

The Co-operators Group is the pilot partner for the Launch Studio, who
recently launched duuo, both its new digital insurance business unit and
of its on-demand homeshare insurance product, via Slice ICS. The carrier
will host a hackathon on opening day with the goal to build the vision
for its next on-demand insurance product.

“We couldn’t be more excited to be a part of today’s launch. Our young
partnership with Slice is already spurring all sorts of innovative
products and ideas at both duuo and The Co-operators. Slice Launch
Studio will take that one step further by bringing together the
brightest insurance and technology minds from around the globe, truly
putting Canada on the map as a new hub for digital insurance
innovation,” said Peter Primdahl, Head of Operations at duuo.

“We have seen amazing results for ICS users by creating a fun and
engaging environment to reinvent one of the world’s most established
industries,” said Tim Attia, CEO of Slice Labs. “On-demand insurance is
not just limited to insurers. Opening the Launch Studio to technology
companies that are considering integrating on-demand insurance into
existing digital products solidifies Slice’s transition from solely
being an on-demand homeshare insurer to an award-winning cloud computing
vendor.”

The Slice Launch Studio is located on the 42nd floor of the
Scotia Plaza (40 King St. West, Toronto), and is open from 9-5 p.m. ET
Monday - Friday by appointment to protect the ICS user intellectual
capital. Participants can make appointments at www.slice.is/launchstudio.

About Slice:

Slice Labs is a leading on-demand insurance cloud platform provider that
empowers insurers to deliver new value to customers through direct
insurance or insurance agent models without investing in infrastructure
to provide customized on-demand, pay-as-you-go insurance products. The
Slice Insurance Cloud Services platform (ICS) is powered by machine
learning and advanced big data technologies along with Ph.D. behavioral
science expertise. ICS is the foundation for new digital insurance
products being released globally by top insurers and is also the base
for Slice’s own digital insurance products serving the new economy. To
stay up to date with Slice, visit http://www.slice.is
and follow @SliceLabs
on Twitter.